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IPFS News Link • Greece

US Pressures IMF to Walk Away From Greece: Déjà Vu, All Over Again

• https://mishtalk.com, by Mish

"Greece's labor market seems immune to the broader improvements in jobs growth seen elsewhere in Europe where average unemployment has now fallen to a four-year low of 9.8 percent.

The economy, which has the highest debt burden in the bloc at 180 per cent, also suffered a sharp growth setback in the last three months of the year, contracting by 1.2 per cent.

It was the worst GDP performance since the height of its debt crisis in the summer of 2015 and reflects renewed uncertainty in its bailout talks. Average eurozone GDP rose 0.4 percent in the fourth quarter of 2016."

US Pressures IMF to Walk Away From Greece

Now, conservatives in US Congress say Europeans should solve the crisis on their own. This puts the IMF Under Pressure Over the Greek Bailout.


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